Investment Opportunity
PT Sapta Borneo Utama is developing a USD 1,000,000,000 integrated sugar, ethanol, biomass power and plantation platform in Majalengka, West Java, Indonesia.
Key Highlights
USD 1.0BTotal Project Cost
10,000 TCDSugar Factory
315,810 TonsAnnual Sugar Production
60 KLPDEthanol Capacity
30 MWBiomass Power
20 YearsDebt Tenor
Project Components
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Component | Scope |
| Sugar Factory | 10,000 TCD integrated sugar processing facility. |
| Ethanol Plant | 60 KLPD ethanol production facility. |
| Biomass Power Plant | 30 MW renewable power generation using bagasse and biomass residues. |
| Core Plantation | 500 Ha initial plantation development. |
| Plasma Program | 10,000–20,000 Ha farmer partnership and feedstock expansion program. |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Investment Rationale
- Integrated agribusiness and renewable energy platform.
- Supports domestic sugar supply and industrial development.
- Diversified revenue potential from sugar, ethanol and biomass power.
- ESG-aligned development with farmer participation and renewable energy.
- Structured for institutional project finance review.
Financial Snapshot
| Metric | Base Case |
|---|---|
| Annual Revenue | USD 198.396 Million |
| EBITDA | USD 109.118 Million |
| CFADS | USD 91.712 Million |
| Annual Debt Service | USD 70.548 Million |
| DSCR | 1.30x |
| LLCR | 1.45x |
| PLCR | 1.60x |
| Project IRR | Approx. 11.8% |
Funding Requirement
| Total Project Cost | USD 1,000,000,000 |
|---|---|
| Facility Type | Senior Secured Limited-Recourse Project Finance |
| Facility Amount | Up to USD 1,000,000,000 |
| Tenor | 20 Years |
| Interest Rate | 3.00% Fixed per annum |
| Use of Proceeds | EPC, construction, project costs, DSRA, IDC, contingency and approved development costs. |
Strategic Location
The project is located in Majalengka Regency, West Java, Indonesia, providing access to agricultural development areas, logistics connectivity, workforce availability and long-term industrial expansion potential.
ESG and Sustainability
- Renewable biomass energy generation.
- Potential carbon credit development.
- Plasma farmer development and rural economic participation.
- Community development and employment creation.
- Governance, compliance and lender reporting framework.
Transaction Readiness
| Area | Status |
|---|---|
| Feasibility Study | Prepared for institutional lender review. |
| Financial Model | Base case and lender coverage ratios prepared. |
| Project Finance Term Sheet | Indicative senior secured project finance structure prepared. |
| EPC Framework | LSTK EPC structure with performance security. |
| ESG Documentation | Policy, sustainability framework, carbon program and community development program prepared. |
Contact
| Company | PT Sapta Borneo Utama |
|---|---|
| Website | www.saptaborneo.com |
| info@saptaborneo.com | |
| Telephone | +62 21 50322435 |
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Project | USD 1 Billion Integrated Sugar Factory Project |
| Location | Majalengka, West Java, Indonesia |
| Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-PRES-002 | Final / Published | Investment Teaser issued for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |